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News

23 Feb UPDATE 1-Bank of Ireland profit drops again, prompting further cost cuts

Posted at 08:28h in News by KMFSLLP 0 Comments

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* Pre-impairment profit up on higher lending, lower costs (Adds chief executive quotes, mortgage rates, share price)

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23 Feb Priti Patel denies Home Office infighting claims

Posted at 08:19h in News by KMFSLLP 0 Comments

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Statement rejects reports that intelligence agencies are withholding information

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23 Feb Bank of Ireland lowers ROTE target as full-year profits slip

Posted at 07:40h in News by KMFSLLP 0 Comments

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Bank of Ireland said on Monday it would take longer than anticipated to hit a return on tangible equity (ROTE) above 10% as it targeted further cost cuts after underlying pretax profits fell for the fourth successive year.

23 Feb UK’s Countrywide in talks with LSL Property for possible all-share merger

Posted at 07:15h in News by KMFSLLP 0 Comments

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British real estate agent Countrywide on Monday confirmed that it was in talks with rival LSL Property Services for a possible all-share merger.

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23 Feb UPDATE 2-Australia’s APRA seeks stress tests for climate-linked financial risk

Posted at 07:04h in News by KMFSLLP 0 Comments

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* APRA outlines plans focused on climate-related financial risks

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23 Feb UPDATE 1-Italy’s UniCredit says Mustier to stay on as CEO

Posted at 06:53h in News by KMFSLLP 0 Comments

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Italy's biggest bank UniCredit said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC .

23 Feb S.Korea may consider supplementary budget to head off virus impact

Posted at 06:33h in News by KMFSLLP 0 Comments

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South Korean President Moon Jae-in on Monday said the government should start reviewing whether a supplementary budget should be drawn up to head off the impact of the coronavirus outbreak on Asia's fourth-largest economy.

23 Feb Australian shares fall most since mid-August on coronavirus fears; NZ down

Posted at 06:30h in News by KMFSLLP 0 Comments

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Australian shares fell more than 2% on Monday, their biggest since mid-August 2019, as sharp spikes in coronavirus cases outside mainland China deepened worries about a hit to the global economy.

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23 Feb SE Asia Stocks-Markets plumb fresh depths as virus spreads beyond China

Posted at 06:16h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets tumbled on Monday as a sharp rise in coronavirus cases in South Korea and Italy stoked fears of a global pandemic, while Malaysia plunged to a more than eight-year low amid political turmoil. The selldown cut across currencies, bonds and equities...

23 Feb Italy’s UniCredit says Mustier to stay on as CEO

Posted at 06:10h in News by KMFSLLP 0 Comments

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News

23 Feb UPDATE 1-Bank of Ireland profit drops again, prompting further cost cuts

23 Feb Priti Patel denies Home Office infighting claims

23 Feb Bank of Ireland lowers ROTE target as full-year profits slip

23 Feb UK’s Countrywide in talks with LSL Property for possible all-share merger

23 Feb UPDATE 2-Australia’s APRA seeks stress tests for climate-linked financial risk

23 Feb UPDATE 1-Italy’s UniCredit says Mustier to stay on as CEO

23 Feb S.Korea may consider supplementary budget to head off virus impact

23 Feb Australian shares fall most since mid-August on coronavirus fears; NZ down

23 Feb SE Asia Stocks-Markets plumb fresh depths as virus spreads beyond China

23 Feb Italy’s UniCredit says Mustier to stay on as CEO

KM Financial Solutions LLP

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